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511 N C Street

Tacoma, WA 98403
  • $2,275,000
  • STATUS: Pending
  • ON SITE: 97 days
  • ID#: 1758588
Under Contract
UPDATED: 45 min ago
$2,275,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1894
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Acquisition Real Estate.

Description

INCOME GENERATING OPPORTUNITY! Spectacular location! Stunning 9 unit apartment complex with unobstructed views of Puget Sound, Mount Rainer, Vashon Island, Ruston Point and Port of Tacoma! Large parcel w/onsite parking, courtyard & garage. New Milgard dual pane windows, new exterior doors, new awnings, new exterior paint, new tankless water & radiant heaters. Both the Building & exterior grounds are well maintained with exterior lighting, security cameras & professional landscaping This asset offers rental diversity with 1 studio unit, three 2 bedroom units, four 1 bedroom units and one 3 bedroom unit (owner's unit w/Stadium Way address). Stabilized tenancy & separate electrical meters for each unit. Live on site potential or rent all.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-23T17:14:48.553.

www.roystonteam.com/homes/116194258
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511 N C Street Tacoma, WA 98403

  • Price: $2,275,000
  • Status: Pending
  • Updated: 45 min ago
  • ID#: 1758588
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1894
Built
Neighborhood:
Stadium District
County:
Pierce
Area:
North Tacoma
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Tacoma
Property Description
INCOME GENERATING OPPORTUNITY! Spectacular location! Stunning 9 unit apartment complex with unobstructed views of Puget Sound, Mount Rainer, Vashon Island, Ruston Point and Port of Tacoma! Large parcel w/onsite parking, courtyard & garage. New Milgard dual pane windows, new exterior doors, new awnings, new exterior paint, new tankless water & radiant heaters. Both the Building & exterior grounds are well maintained with exterior lighting, security cameras & professional landscaping This asset offers rental diversity with 1 studio unit, three 2 bedroom units, four 1 bedroom units and one 3 bedroom unit (owner's unit w/Stadium Way address). Stabilized tenancy & separate electrical meters for each unit. Live on site potential or rent all.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickCement/ConcreteWood Lot Features CurbsPavedSidewalk Open Parking Spaces 5 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 5 Roof Torch Down Structure Type Multi Family Style Code 55 - 5-9 Units View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Radiant Heating YN Yes

Property Features

Electric Expense 2700 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 174000 Insurance Expense 5950 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 112738 New Construction YN No Possible Use Multi-Family Power Production Type ElectricNatural Gas Property Condition Restored Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable Tv Special Listing Conditions None Tax Annual Amount 17900 Tax Year 2020 Total Expenses 52562 Units In Building Total 9 Utilities Cable ConnectedSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 11800 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Royston Team at Keller Williams Greater 360 and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-23T17:14:48.553.

 
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The Royston Team at Keller Williams Greater 360
Poulsbo WA, 98370
Listing Courtesy of Acquisition Real Estate.